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Power Metals Corp V.PWM

Alternate Symbol(s):  PWRMF

Power Metals Corp. is a Canada-based diversified mining company. The principal business of the Company is the acquisition, exploration and evaluation of resource properties. Its exploration project includes Case Lake property. Case Lake Property is located in Steele and Case townships, 80 km east of Cochrane, NE Ontario, close to the Ontario-Quebec border. The Case Lake pegmatite swarm consists of six spodumene dykes: North, Main, South, East and Northeast Dykes on the Henry Dome and the West Joe Dyke on a new tonalite dome. The Case Lake Property is 10 km x 9.5 km in size and consists of 475 cell claims. The Case Lake pegmatite swarm occurs along a sub provincial boundary between the metasedimentary Opatica Sub province to the north and greenstone Abitibi Sub province to the south. The Company has staked the Pelletier Project consisting of approximately 337 mineral claims that account for total surface area of 7000 hectares in northeast Ontario , approximately 50 km south of Hearst .


TSXV:PWM - Post by User

Post by trader53on Aug 10, 2022 6:43pm
207 Views
Post# 34886679

Dr. Julie quotes

Dr. Julie quotesDr. Julie Selway, VP of Exploration, stated “Having been on 90% of all lithium bearing pegmatites in the province of Ontario, I can safely say that Case Lake pegmatites have the best economic potential in a publicly traded company that I have seen in all my years.
 Dr. Selway, VP of Exploration stated “We are impressed by the widths and grades of the lithium mineralization in the Main Dyke. The tantalum mineralization is a nice extra bonus to the lithium mineralization. We are eager to see the assay results from PWM-17-35, as the drill core is similar to that of PWM-17-10.”
 Dr. Julie Selway, VP of Exploration stated “The discovery of two new dykes between Main and South Dyke suggests that there is more lithium mineralization to be found near the Main Dyke. We now have several drill holes on the Main Dyke confirming the wide intersections of continuous pegmatite close to surface. This recent discovery can substantially increase the size of our total resource.”
 Dr. Selway, VP of Exploration, stated “I am thrilled that our idea to build a trail and move the drill to the west side of Little Joe Lake has paid off with the discovery of West Joe Dyke. The trail has opened up access to lots more ground to explore. The 1.6 km between the Main Dyke and the West Joe Dyke is a new exploration target for spodumene mineralization. Our Case Lake Property is proving to be a truly amazing asset.”
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